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i think we have a political environment that has a lack. >> i blame the president for that. i think that we will not be impervious to slowdown the rest of the world. because a good part of our s&p earnings come from overseas. we will not be improving. >> tentative management, by any measurement, not that you're hearing from the economist in their polls, but the deficit is up 300%. national debt is up 70%. unemployment, i agree with, all of the indicators are saying that we are not coming out of the slowdow because they are not solution based. these perilous times -- it doesn't make any sense. there is a degree of arrogance that i find very hard to understand. neil: what are the markets selling us? the trend is their friend and my friend. what he say that? >> i think it is a reflection from whence we came. we had a terrible job in 2000 and 2009. my concern would be, i think, we are more than fully valued here. i think corporate earnings are going to start to wane. i think that we have the risk of a sizable decline in the market. neil: when you say the rest, what kind of decli
i think we have a political environment that has a lack. >> i blame the president for that. i think that we will not be impervious to slowdown the rest of the world. because a good part of our s&p earnings come from overseas. we will not be improving. >> tentative management, by any measurement, not that you're hearing from the economist in their polls, but the deficit is up 300%. national debt is up 70%. unemployment, i agree with, all of the indicators are saying that we are...
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Oct 4, 2012
10/12
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i don't want to kill jobs in this environment. >> romney slammed the president for the collapse of sill cylinderra and among things. 46% of america he considered himself -- themselves victims. even president supporters frustrated he didn't go on the owe -- offensive. >> we have crews with both of them. we start with paul chambers, who was with republican viewers. >> watched part of the debate in the cop tra costa county campaign headquarters. people there was very happy. the group watched the first head-to-head debate between president barack obama and his republican challenger mitt romney. the two battled on domestic issues. many say this is the more important of the three debates, because it gives people it gives him to ship. >> i thought he was very strong. we're all nervous about it. we think it's very important. i think he did well. >> romney had great opening. warm, personal, gave the five point plan. i thought it was good. i thought he had a great sound bite. >> terrific. >> the contra costa republican headquarters will hold three more watch parties. and the two remaining for the
i don't want to kill jobs in this environment. >> romney slammed the president for the collapse of sill cylinderra and among things. 46% of america he considered himself -- themselves victims. even president supporters frustrated he didn't go on the owe -- offensive. >> we have crews with both of them. we start with paul chambers, who was with republican viewers. >> watched part of the debate in the cop tra costa county campaign headquarters. people there was very happy. the...
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Oct 9, 2012
10/12
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CNBC
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but the real reason these stocks will be anointed is their genuine high growth names in an environment where because of the slowdown worldwide there are very few real growth stocks out there. sure, many stocks rat 252-week highs. but google and amazon are barn burners. they're so obvious that they're not going to be ignored. every fund that already owns them will be double do you think between now and the end of the year if history is your guide. plus, you got a nice google reversal today, which gives you a chance to do some buying. the charters are going to be calling it the son of apple. they're going to say this reversal today is now the beginning of the big decline, like it was with apple. hey, can we just decide that apple and google are different companies? why don't we start with this amazon. we know that this company is oriented in online retail powerhouse, the widest selection of products, lowest prices, fastest, cheapest delivery. amazon is a beloved company that has cultivated fabulous relationships with its customers, and most important, it's still taking market share all o
but the real reason these stocks will be anointed is their genuine high growth names in an environment where because of the slowdown worldwide there are very few real growth stocks out there. sure, many stocks rat 252-week highs. but google and amazon are barn burners. they're so obvious that they're not going to be ignored. every fund that already owns them will be double do you think between now and the end of the year if history is your guide. plus, you got a nice google reversal today,...
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Oct 2, 2012
10/12
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prologis, one that sports a yield, exactly the kind of dividend stock you want in the low interest rate environment. it's rallied since the beginning of the year, but late it's pulled back from three points. it could be giving you a good entry point here. first though, before making any decisions let's take a closer look with the chairman and co-ceo of prologis. brand new guest, brand new name. welcome to "mad money." >> nice to meet you. >> first, you just have the biggest building portfolio i've ever seen. it's global, right? giant? >> it is pretty big and important, right? >> the reason i asked, normally i like to have real estate investor guys on because they know the tenor of the united states but you have huge exposure. in your most recent comps you actually talk about -- what it's like in japan, china, brazil, canada. mexico. and these are doing very well. >> they are indeed. we're in 21 countries and with the exception of a few countries in europe, the rest of the world is actually doing really well. including some of the places in europe and northern europe, the u.k., turning the corner. s
prologis, one that sports a yield, exactly the kind of dividend stock you want in the low interest rate environment. it's rallied since the beginning of the year, but late it's pulled back from three points. it could be giving you a good entry point here. first though, before making any decisions let's take a closer look with the chairman and co-ceo of prologis. brand new guest, brand new name. welcome to "mad money." >> nice to meet you. >> first, you just have the...
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Oct 3, 2012
10/12
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the environment of these two candidates come together after really negative attacks, these two candidates not have much of a personal history. they have met less than five times in history. -- in person. this summer has been, as everyone knows, i am sure, a lot of at going after personal attributes. ronnie's well, his career at bain capital, and on the flip side, the obama campaign has been upset about romney not shushing supporters to question whether barack obama was born in the united states. recently, this debate over the attack in libya. romney came out and suggested that obama was sympathetic with those who attacked the embassy there. so there is all this bitterness. they're coming in with it. both men have been coached to not let that come through. mitt romney specifically, rob portman has been told to push his buttons and teach romney how not to be testy and attack obama tonight. he wants to come off as likable. >> when did you arrive in denver? how heavy spent the day today? what have you seen? >> i arrived monday. the first thing i did was go to a rally here in denver with mitt
the environment of these two candidates come together after really negative attacks, these two candidates not have much of a personal history. they have met less than five times in history. -- in person. this summer has been, as everyone knows, i am sure, a lot of at going after personal attributes. ronnie's well, his career at bain capital, and on the flip side, the obama campaign has been upset about romney not shushing supporters to question whether barack obama was born in the united...
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Oct 4, 2012
10/12
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i don't want to kill jobs in this environment. let me make one more point -- >> jim: let's let him answer the tacks thing for a moment. >> okay. >> well, we have had -- >> jim: about the idea in order to reduce the deficit, there has to be revenue in addition to cuts. >> governor romney has ruled out revenue -- [overlapping dialogue] >> the revenue i get is by more people working, getting higher pay, paying more taxes. that's how we get growth and how we balance the budget. but the idea of taxing people more, putting more people out of work, you will never get there. you never balance the budget by raising taxes. spain -- spain spends 42% of their total commo government. >> jim: okay. >> we are spenning 42% of our economy on government. i don't want to go down the path to spain. i want to go down the path of growth that puts americans to work with more money coming in because they are working. >> jim: but, mr. president, you are saying, in order to get the job done, it has to be balanced -- >> if we are serious, we have to take a
i don't want to kill jobs in this environment. let me make one more point -- >> jim: let's let him answer the tacks thing for a moment. >> okay. >> well, we have had -- >> jim: about the idea in order to reduce the deficit, there has to be revenue in addition to cuts. >> governor romney has ruled out revenue -- [overlapping dialogue] >> the revenue i get is by more people working, getting higher pay, paying more taxes. that's how we get growth and how we...
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Oct 4, 2012
10/12
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WBAL
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in a brand appropriate environment. we think it makes the brand stronger. it's good for us and them. >> one of the things that people get -- don't understand is that the ag complex doesn't all trade up at the same time. some of the food grains did. but cotton has really gotten cheap. you had very high cotton last year. >> yes, we did. >> is this going through gross margins that cotton's come down so much? >> we had real gross margin challenges last year, particularly in our north american denim business. it's a big business for us and denim is a cotton based fabric. we lost 400 basis points in gross margins last year. >> gigantic. >> it is gigantic. but we didn't cover all of our cotton costs while we were doing that. this year, it's coming back to us. it showed up last quarter a little bit. it's going to show up for the back half of the year with improved growth margins. >> one of the things we're going to start hearing is that instead of currency being a headwind, it might be a tailwind. did you calculate 1.28, 1.29 on the euro when you did your low-range
in a brand appropriate environment. we think it makes the brand stronger. it's good for us and them. >> one of the things that people get -- don't understand is that the ag complex doesn't all trade up at the same time. some of the food grains did. but cotton has really gotten cheap. you had very high cotton last year. >> yes, we did. >> is this going through gross margins that cotton's come down so much? >> we had real gross margin challenges last year, particularly in...
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Oct 6, 2012
10/12
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did you think of hope for the environment, or food, clothing, shelter? we do. weyerhaeuser. growing ideas. >> mr. president, you are entitled to your own airplane and house, but not to your own facts. >> the first presidential debate, around 12 mitt romney. >> it is arithmetic. >> where was the president's fastball? >> i felt he should of been more aggressive. >> join the president on them stage, the beleaguered middle class. >> the middle class are getting crushed. >> that is what joe biden says. >> how they can justify raising taxes on the middle-class who have been buried the last four years. >> to joe biden. no, don't boo. he is the best thing we have got going, guys. >> it was the biggest brownson's encore. i read that in a column friday morning. on the cover 25th, 1415 on christmas day at parkton corps, king henry led his army to victory. charles the six was mentally incapacitated at the time of battle. that is as far as i want to take that one. agincourt? >> yes, you were there, as i recall. you covered it for the daily frog. it was quite a rout. when i wrote the colu
did you think of hope for the environment, or food, clothing, shelter? we do. weyerhaeuser. growing ideas. >> mr. president, you are entitled to your own airplane and house, but not to your own facts. >> the first presidential debate, around 12 mitt romney. >> it is arithmetic. >> where was the president's fastball? >> i felt he should of been more aggressive. >> join the president on them stage, the beleaguered middle class. >> the middle class are...
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Oct 7, 2012
10/12
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fit is neutral environment. maybe maybe not. right now we got momentum. boy the way both cook, two of washington premier political pundits just upgraded us. they acknowledged that we have some momentum. they are saying it may be between zero seats and ten seats, but they acknowledged that we have more races in play. how do you define victory forc yourself this cycle will it be if you win ten seats or will it be if you retake the chamber? >> i define victory by simply winning. and my job as chairman of the dccc to win as many as we can in the environment we are competing in. will not get involved in. it is it single digits, is it majority? my job is to just put as many in play as we can. exploit our opponent's weaknesses, cap capitalize on the strength. i tell you, we're in a heck of a lot better position now, 30 days out, than we were a year and a half ago when we began this campaign. >> congressman, we have presidential debate this week. i think a lot of analysts thought that governor romney had a strong performance. how do you think president obama's p
fit is neutral environment. maybe maybe not. right now we got momentum. boy the way both cook, two of washington premier political pundits just upgraded us. they acknowledged that we have some momentum. they are saying it may be between zero seats and ten seats, but they acknowledged that we have more races in play. how do you define victory forc yourself this cycle will it be if you win ten seats or will it be if you retake the chamber? >> i define victory by simply winning. and my job...
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Oct 7, 2012
10/12
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it is a much more hospitable environment for democrats. no. 2, they are field tested and battle ready. they know is out there. they have been working their districts very hard. they're connecting with their voters. virtually all of our front-line incumbents are much -- are a much better shape in the polls than the republican incumbents, which is barely holding on with their fingernails are now. in 2012, we are in better shape than we were in 2010. and in 2012, the republicans are where we were in 2010. but let's say the democrats do take back the house. new democrats automatically but nancy pelosi back in the speakership? >> i hope so, but that is a decision we are not focused on and alfred nancy pelosi knows that. she is focused relentlessly -- and nancy pelosi knows that. she is focus relentlessly on the next 30 days. i occupied one of the narrowest lanes in washington. if i look too far down the lane or looked my left or right, i am distracted. i will be focused on the next 30 days and those 25 seats. >> if you guys when the house, you
it is a much more hospitable environment for democrats. no. 2, they are field tested and battle ready. they know is out there. they have been working their districts very hard. they're connecting with their voters. virtually all of our front-line incumbents are much -- are a much better shape in the polls than the republican incumbents, which is barely holding on with their fingernails are now. in 2012, we are in better shape than we were in 2010. and in 2012, the republicans are where we were...
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Oct 7, 2012
10/12
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FOXNEWS
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i don't want to kill jobs in this environment. let me make one more point -- >> jim: let's let him answer the tacks thing for a moment. >> okay. >> well, we have had -- >> jim: about the idea in order to reduce the deficit, there has to be revenue in addition to cuts. >> governor romney has ruled out revenue -- [overlapping dialogue] >> the revenue i get is by more people working, getting higher pay, paying more taxes. that's how we get growth and how we balance the budget. but the idea of taxing people more, putting more people out of work, you will never get there. you never balance the budget by raising taxes. spain -- spain spends 42% of their total commo government. >> jim: okay. >> we are spenning 42% of our economy on government. i don't wawant to go down the ph to spain. i want to go down the path of growth that puts americans to work with more money coming in because they are working. >> jim: but, mr. president, you are saying, in order to get the job done, it has to be balanced -- >> if we are serious, we have to take a
i don't want to kill jobs in this environment. let me make one more point -- >> jim: let's let him answer the tacks thing for a moment. >> okay. >> well, we have had -- >> jim: about the idea in order to reduce the deficit, there has to be revenue in addition to cuts. >> governor romney has ruled out revenue -- [overlapping dialogue] >> the revenue i get is by more people working, getting higher pay, paying more taxes. that's how we get growth and how we...
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Oct 7, 2012
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that is progress on the environment. we are committed to the environment. i take my children hiking and fishing, walking in the woods, the wilderness. believe me, we have a commitment to preserving the environment. you cannot help but think of the environmental policy of the governor of massachusetts. he talks about being an environmentalist. let me tell you about his environmental policy. the boston harbor, which is the dirtiest water way in america, tons of raw sewage go in there each and every day. what does the governor of missouri what has the governor massachusetts done about that? virtually -- what has the governor of massachusetts done about that? virtually nothing. then he has the audacity to go down to new jersey. he has the nerve to dump waste off the coast of new jersey. who has the environment interests? george bush and i do. >> this late conversion is interesting to me. [laughter] [applause] he talks about boston harbor and he says he's not done anything. the fact is that the has a $6 billion program under way on waste treatment and it was thi
that is progress on the environment. we are committed to the environment. i take my children hiking and fishing, walking in the woods, the wilderness. believe me, we have a commitment to preserving the environment. you cannot help but think of the environmental policy of the governor of massachusetts. he talks about being an environmentalist. let me tell you about his environmental policy. the boston harbor, which is the dirtiest water way in america, tons of raw sewage go in there each and...
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do you think that the fact that the media environment that they were in, this overheated media environment really intensifies the impact of these big events? >> absolutely. look, there's no question about it. mitt romney had a stronger night. president obama didn't bring his a game. no good, terrible night for president obama, now everybody looks back and says wow, this was a debacle. he got creamed. it wasn't that bad but the media echo chamber exaggerates that. >> i want to play what congressman gingry said to me earlier. here is a quote. primary is always going to lean right. then you come back to the center for the general. here is a little bit of our conversation. >> my question is what you said is during the campaign, you lean to the right and then you come back to the center when you're actually in the general election. so to me, that is you say one thing for a certain audience, to get them to support you, and then you say something different, maybe completely contradictory to another audience, which some could define as lying. so is that what we're seeing? >> and some could refer t
do you think that the fact that the media environment that they were in, this overheated media environment really intensifies the impact of these big events? >> absolutely. look, there's no question about it. mitt romney had a stronger night. president obama didn't bring his a game. no good, terrible night for president obama, now everybody looks back and says wow, this was a debacle. he got creamed. it wasn't that bad but the media echo chamber exaggerates that. >> i want to play...
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Oct 5, 2012
10/12
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CNBC
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>> think the baseline for us is essentially more of the same, but in an environment in which earnings are still pretty good and interest rates are still very, very low. i think the baseline forecast does support higher equity prices from here. i do think it's quite bimobile. i think that the alternative scenario to the baseline is one that's significantly worse because we do get a much bigger hit from the fiscal side, but on the baseline, it's supportive. >> i'm really quite confused here and the economy created 114,000 jobs and there's so much noise about the various aspects of the survey. and i'm not sure. 114,000 jobs create side bad, isn't it? that's very, very disappointing. >> it's lackluster, i would say. >> don't we have to -- typically say we have to generate 200,000 to deal what's happening with the population. isn't that usually where we are? why are we not there today? >> to keep the unemployment rate stable you need about $100 and the participation doesn't change. anything over 100,000 will push it over time. under 14 it would be extremely slowly so that is bad and, you k
>> think the baseline for us is essentially more of the same, but in an environment in which earnings are still pretty good and interest rates are still very, very low. i think the baseline forecast does support higher equity prices from here. i do think it's quite bimobile. i think that the alternative scenario to the baseline is one that's significantly worse because we do get a much bigger hit from the fiscal side, but on the baseline, it's supportive. >> i'm really quite...
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Oct 9, 2012
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>> well, it has been a tough economic environment for all of us. so, we have been doing pretty well from a market share standpoint and it is really based on the innovations that we have delivered. we have brought some things to the marketplace. i mentioned packaging technology. first was our steaming technology. the cafe steamers in 2008 and healthy choice cafe steamers was the biggest new strproduct of t industry of that calendar year. since then the steaming platform has been well. we have introduced the bakeden tr trays. that uses smart trays which allows you to bake a product in the microwave than you would in an oven in equal qual taity. >> first, you tried to make a giant acquisition and private label. you have keyed on making the small but valuable acquisitions that are bringing things to the bottom line. you still have a great balance sheet even after the acquisitions that you have done. >> jim, we stepped back a couple of years ago and said let's have a clear roadmap. we looked in the mirror and said we need to transform this portfolio to
>> well, it has been a tough economic environment for all of us. so, we have been doing pretty well from a market share standpoint and it is really based on the innovations that we have delivered. we have brought some things to the marketplace. i mentioned packaging technology. first was our steaming technology. the cafe steamers in 2008 and healthy choice cafe steamers was the biggest new strproduct of t industry of that calendar year. since then the steaming platform has been well. we...
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Oct 6, 2012
10/12
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KOFY
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facilities that they perceive to be degrading that environment. on the other hand they want to have cheap gas. so this the is a conflict. >>reporter: there is no time line to make a decision on that state waiver. state regulators have had the request now for three days. in sacramento, abc 7 news. >>> and then there is this. gas stealing. police sacramento suburb of roseville looking for gasoline thieves who struck 2 stations taking nearly 1,000 gallons. >> now bricking news san jose just coming into the newsroom. car hit a pedestrians on highy 87. is is a le picture of the scene. highway patrol says the pedestrians sadly has died. we don't know yet why he or she was on the roadway. we'll track it down and bring you latest information as soon as we can get it. but again pedestrians hit and killed on highway 87 as you look leif now at the scene in san jose. >>> volleyball coach at this school in lafayette was arrested today after being accused of having an inappropriate sexual latiship witfemale student. 2-year-old niclas put adminisative leave by t
facilities that they perceive to be degrading that environment. on the other hand they want to have cheap gas. so this the is a conflict. >>reporter: there is no time line to make a decision on that state waiver. state regulators have had the request now for three days. in sacramento, abc 7 news. >>> and then there is this. gas stealing. police sacramento suburb of roseville looking for gasoline thieves who struck 2 stations taking nearly 1,000 gallons. >> now bricking news...
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Oct 5, 2012
10/12
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KRCB
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on the stage, including the monitor and once that began, i don't know whether he could change that environment what i was frustrated is failure to use the synapse to pop out and sitting here talking you and ji jim lehr about the pbs funding which is okay and cute and fun to talk about, how about the auto industry, i rescued it and you would let it go bankrupt. >> i am if for equal pay of women, he didn't bring up things and let romney get by with some really distracting and really unclear, in fact, untrue statements about healthcare where he said i am for coverage for preexisting conditions, his people later on said he wasn't and he said, in fact, before that he never was really for covering preexisting conditions unless, you know, it is paid for, ahead of time during, you know, continuing coverage, and a couple of times in the last week he said things like well if you get sick we won't let you die in your apartment and get you to er and yet came on last night talking about a national health plan he had which he really doesn't have. i thought he got away with a lot of things showing sympathy f
on the stage, including the monitor and once that began, i don't know whether he could change that environment what i was frustrated is failure to use the synapse to pop out and sitting here talking you and ji jim lehr about the pbs funding which is okay and cute and fun to talk about, how about the auto industry, i rescued it and you would let it go bankrupt. >> i am if for equal pay of women, he didn't bring up things and let romney get by with some really distracting and really...
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the overhang of the regulatory environment. ashley: the presidential election and fiscal clarendon and on. john haler, thank you for sharing your thoughts. really appreciate it. closing bell ringing in just under 15 minutes. coming up, jim tierney's number one moneymaker won't leave you hungry because i am starting. coming up next. . coming up next. look, if you have copd like me, you know it can be hard to breathe, and how that feels. copd includes chronic bronchitis and emphysema. spiriva helps control my copd symptoms by keeping my airways open for 24 hours. plus, it reduces copd flare-ups. spiriva is the only once-dai inhaled copd maintenance treatment that does both. spiriva handihaler tiotropium bromide inhalation powder does not replace fast-acting inhalers for sudden symptoms. tell your doctor if you have kidney problems, glaucoma, trouble urinating, or an enlarged prostate. these may worsen with spiriva. discuss all medicines you take, even eye drops. stop taking spiriva and seek immediate medical help if your breathin
the overhang of the regulatory environment. ashley: the presidential election and fiscal clarendon and on. john haler, thank you for sharing your thoughts. really appreciate it. closing bell ringing in just under 15 minutes. coming up, jim tierney's number one moneymaker won't leave you hungry because i am starting. coming up next. . coming up next. look, if you have copd like me, you know it can be hard to breathe, and how that feels. copd includes chronic bronchitis and emphysema. spiriva...
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. >> employees need to be able to flex in different environments. they need to be able to create that power point, but likewise they need to be able to go and show somebody that power point. the course of a day they may do content consumption and ending e-mails and staying connected. >> hp is trying to branch out to smart phones phones and tablets after being stuck in a world of desktops and laptops and printers. it won't be available until next year. >>> still to come, seven people injured in a major crash. we'll show you what happened. and a new program helping disadvantaged kids across the world. how the bay area is involved. and how arnold schwarzenegger gets candid. >>> seven people ended up in the hospital after these two vehicles collided head on in pacifica. it happened around 7:00 p.m. the firefighters had to use special tools to free the victims from that mangled mess. police kept the link between san bruno and pacifica closed for an hour. investigators don't know what caused the collision. >>> smooth sailing for drivers in los angeles. th
. >> employees need to be able to flex in different environments. they need to be able to create that power point, but likewise they need to be able to go and show somebody that power point. the course of a day they may do content consumption and ending e-mails and staying connected. >> hp is trying to branch out to smart phones phones and tablets after being stuck in a world of desktops and laptops and printers. it won't be available until next year. >>> still to come,...
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Oct 9, 2012
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literally now you have a global environment where people have access to campaign websites and an environment where campaigns are literally spitting out email solicitations and using social media to solicit campaign donations from people around the world. the question becomes in that kind of environment, do these campaigns actually have security on the back end to make sure that these donations are not taken -- >> sean: the obama campaign has a campaign store. on the campaign store they use a standard security tool, but on the obama campaign donation website they do not have the standard security code. explain that. >> you've heard of voter fraud? this is donor fraud. they have a massive apparatus that goes from social media to digit mining to fundraising. what they've done, they've got every tool available, standard tools they could use to check if you want to buy a mug, but what they do is drive you right to their website, everybody to their donate page, and they have no security at all. they use security in such a limited with a that -- >> sean: what do we know about the money, where it ma
literally now you have a global environment where people have access to campaign websites and an environment where campaigns are literally spitting out email solicitations and using social media to solicit campaign donations from people around the world. the question becomes in that kind of environment, do these campaigns actually have security on the back end to make sure that these donations are not taken -- >> sean: the obama campaign has a campaign store. on the campaign store they...
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Oct 9, 2012
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KRON
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this winter blend gas is less expensive to produce and more damaging to the environment. it typically doesn't go on sale till october 31 but they are hoping to reduce the soring prices. if you think everybody is seeing a spike, think again? here is a look, people in the green areas pay the lease. california is deep red. indicating the highest prices, averaging more than $4.04 a gallon. the highest in big sur, $5.89. the lowicist salinas. >>> -- lowest, salinas. >>> going after two san francisco based ride sharing companies, they are operating without the proper permits. cease and desist letters were sent to them. both companies issued statements today defending themselves. while also pledging to work with the c p.u.c. they have come under criticism who say they are unreggulated and take away customers from them -- regulated and take away customers from them. >>> we know how many people in california were treated with the steroid shots connected to the deadly outbreak of meningitis. officials say 600 patients received those recalled shots. the state is in touch with the fi
this winter blend gas is less expensive to produce and more damaging to the environment. it typically doesn't go on sale till october 31 but they are hoping to reduce the soring prices. if you think everybody is seeing a spike, think again? here is a look, people in the green areas pay the lease. california is deep red. indicating the highest prices, averaging more than $4.04 a gallon. the highest in big sur, $5.89. the lowicist salinas. >>> -- lowest, salinas. >>> going after...
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are we in an environment where hyperinflation is a threat? >> i think increased inflation is a threat. i think it's going to continue to pitch the consumer. i'm not sure we're going to have hyperinflation. we have not seen that starts to take affected. lori: thank you. >> thank you. lori: fox business alert. bankamerica says it will pay nearly two and a half billion dollars. the 2009 suit stems from the bank's acquisition of merrill lynch. investment save pfa misled them. bankamerica denies the allegation and said the settlement is to make the lawsuit away. and a half% today on the news. up next, you might think you have a perfect credit score, but does your lender agreed? a new report shows there may be a difference between what you think and what you have. we are looking for you and your money next. ♪ ♪ [ male announcer ] how do you turn an entrepreneur's dream... ♪ into a scooter that talks to the cloud? ♪ or turn 30-million artifacts... ♪ into a high-tech masterpiece? ♪ whatever your business challenge, dell has the technology
are we in an environment where hyperinflation is a threat? >> i think increased inflation is a threat. i think it's going to continue to pitch the consumer. i'm not sure we're going to have hyperinflation. we have not seen that starts to take affected. lori: thank you. >> thank you. lori: fox business alert. bankamerica says it will pay nearly two and a half billion dollars. the 2009 suit stems from the bank's acquisition of merrill lynch. investment save pfa misled them....
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i don't want to kill jobs in this environment. let me make one more point. >> lehrer: that's not an answer-- mr. president? >> we've had this discussion before. >> lehrer: about the idea that in order to reduce the deficit, there has to be revenue in addition to cuts. >> there has to be revenue in addition to cuts. now, governor romney has ruled out revenue. he's ruled out revenue. >> absolutely. >> lehrer: completely. >> look the revenue i get is by more people working, getting higher pay, paying more taxes. that's how we get growth and how we balance the budget. but the idea of taxing people more, putting more people out of work, you'll never get there. you never balance the budget by raising taxes. spain, spain spends 42% of their total economy on government. >> lehrer: okay. >> we're now spending 42% of our economy on government. i don't want to go down the path to spain. i want to go down the path of growth that puts americans to work with more money coming in because they're working. >> lehrer: but, but, mr. president, you'r
i don't want to kill jobs in this environment. let me make one more point. >> lehrer: that's not an answer-- mr. president? >> we've had this discussion before. >> lehrer: about the idea that in order to reduce the deficit, there has to be revenue in addition to cuts. >> there has to be revenue in addition to cuts. now, governor romney has ruled out revenue. he's ruled out revenue. >> absolutely. >> lehrer: completely. >> look the revenue i get is by...